Enact IPO Presentation Deck
Enact | Investor Presentation
Offering Summary
Issuer
Exchange / Ticker
Base Offering Size
Overallotment Option
Filing Range
Lock-Up
Concurrent Private Placement
Use Of Proceeds
Selling Stockholder
Lead Bookrunners
Joint Bookrunners
Co-Managers
Expected Pricing
Enact Holdings, Inc.
NASDAQ: ACT
13,310,400 shares or -$260mm at the midpoint of filing range
1,996,560 shares (15% of base deal size)
$19.00-$20.00 per share
180 days for the Company, its executive officers and directors and Parent (Genworth Financial, Inc.)
Funds affiliated with Bayview Asset Management have agreed to purchase 14,655,600 shares from
the Selling Stockholder at the net IPO price. Bayview will also be subject to a 180 day lock-up.
The selling stockholder will receive all of the net proceeds from this offering (100% secondary)
Genworth Financial, Inc. ("Parent"), through holdings in Genworth Holdings, Inc. ("GHI")
Goldman Sachs, J.P. Morgan
BofA Securities, Credit Suisse
Citigroup, Deutsche Bank, Keefe, Bruyette & Woods, BTIG, Dowling
Expected Wednesday, September 15th
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